Identixweb Limited SME IPO

Issue Size (Net)

up to Rs.16.63 Cr

Price Band

Rs.51 to Rs.54 per share

Issue Opens

March 26, 2025

Issue Closes

March 28, 2025

Company Highlights Financials Highlights Issue Details Prospectus

Company Highlights

1.Company Information

Incorporated in 2017, Identixweb Limited is a technology company specializing in Shopify app development and custom web solutions. The company offers services including Shopify app development, web app development using PHP and React, and WordPress plugin development. With over 50 professionals, Identixweb has developed more than 35 public Shopify apps and completed over 100 projects, serving various industries such as e-commerce, fashion, fintech, and SaaS.
Services:
Shopify Application Development: The company builds Shopify apps to enhance store functionality, streamline operations, and boost sales.
Node.js Development: The company uses Node.js to create fast, efficient servers for responsive websites and applications.
PHP Development: The company develops PHP-based websites and apps for dynamic, interactive, and database-integrated web experiences.
Web Application Development: The company creates user-friendly web applications for shopping, email, and social networking across devices.
Products Portfolio:
Stellar Delivery Date & Pickup: This app is a solution for order delivery management.
iCart Cart Drawer Cart Upsell: Grow your Shopify store's average order size with iCart's complete cart upsell & cart cross-sell solution for growth-focused Shopify merchants.
TablePress - Data Tables: TablePress allows you to create tables that can be embedded into blogs, pages, or text widgets with a simple shortcode.
WordPress Plugin: With this you can accelerate online sales with an outstanding WooCommerce upsell plugin, driving more conversions and boosting your revenue effortlessly. As of February 28, 2025, the company has a total of 64 Employees.

2. Strenghts

1) Skilled Professional Team and Strong Leadership
2) Tailored Solutions
3) Comprehensive Development Services
4) Client-Centric Approach
5) Innovation and Adaptability

3. Objects of the Issue

The Company Identixweb IPO proposes to utilise the Net Proceeds from the Issue towards the following objects::
S.No. Objects of the Issue Expected Amount (in Millions)
1. Investment in marketing to support organization’s growth plans in India or Outside India 25
2 Investment into market research and product development through Talent Hiring for the issuer company 42
3. Investment in the Subsidiary for Product Development through Talent Hiring 41.58
4. General Corporate Purposes

4.Identixweb Limited IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

Identixweb Limited IPO Financials

Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
30-Sep-24	14.57	4.79	2	12.3	4.94	0.11
31-Mar-24	11.96	6.66	2.77	10.29	2.93	0.11
31-Mar-23	6.13	6.27	1.35	4.67	4.59	0.46
Amount in Rs. Crore

Identixweb Limited IPO Details

Issue Opening Date	March 26, 2025
Issue Closing Date	March 28, 2025
Face Value	Rs.10 per share
Price	Rs.51 to Rs.54 per share
Lot Size	2000 Shares
Issue Size	30,80,000 shares (aggregating up to Rs.16.63 Cr)
Fresh Issue	30,80,000 shares (aggregating up to Rs.16.63 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE SME

Identixweb Limited IPO Timeline

Event	Tentative Date
Opening Date	Wed, Mar 26, 2025
Closing Date	Fri, Mar 28, 2025
Basis of Allotment	Tue, Apr 1, 2025
Initiation of Refunds	Wed, Apr 2, 2025
Credit of Shares to Demat	Wed, Apr 2, 2025
Listing Date	Thu, Apr 3, 2025
Cut-off time for UPI mandate confirmation	5 PM on March 28, 2025